Minera IRL Announces Update on Don Nicolas Project Feasibility Study, Patagonia

Minera IRL Limited (TSX:IRL) the Latin American focused gold mining, development and exploration company, announced an update on the Don Nicolas Feasibility Study in Santa Cruz Province, Patagonia.

The press release is quoted as saying:

Feasibility study on track for completion mid 2011, new mine in 2012, In-fill and step-out drilling complete on principal deposits, Sulfuro Vein and Martinetas, Notable intersections into the Sulfuro Vein include 5.9 meters grading 18.17 g/t gold, 12.85 meters grading 9.98 g/t gold and 6.8 meters grading 15.7 g/t gold, New resource estimation on schedule for completion by year end, Engineering company Ingenieria Penta Sur appointed as lead feasibility consultant, Potential for heap leach to supplement production from high grade plant, New exploration targets identified nearby known resources.

Click here to access the entire press release

Click here to access Minera IRL Limited Corporate Site